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Boeing Could Reportedly Stop Or Reduce Production Of Grounded 737 MAX
2019 Dec 16, 7:47am | 335Boeing Co (NYSE: BA) is considering halting or cutting back production of its grounded 737 MAX aircraft after the Federal Aviation Administration said it would not approve its return to service before 2020, The Wall Street Journal reported Sunday, citing people familiar with the matter....
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Delta Air Lines CEO Talks 2020 Outlook, Wheels Up Stake: 'Demand Is Great'
2019 Dec 12, 8:55am | 406Ahead of Delta Air Lines, Inc.'s (NYSE: DAL) investor day presentation, the airliner said it expects to earn $6.75 to $7.75 per share in 2020 and show revenue growth of 4% to 6%. Delta's Strength At Home 2019 was likely the best year in Delta's history, highlighted by last Sunday being...
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6 Key Takeaways From The Morgan Stanley Space Summit
2019 Dec 11, 1:23pm | 615Morgan Stanley hosted its second annual Space Summit on Tuesday in New York. Here are six key takeaways from the gathering of private and public space companies, regulators and investors, and discussion of the role of space in several private sector business opportunities as well as national...
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Cash Injection Keeps Hong Kong Airlines Aloft
2019 Dec 11, 9:09am | 502Financially struggling Hong Kong Airlines, the second-largest carrier in the Asian financial hub, has received a $568 million cash injection from a group of state-owned banks after being warned of a possible shutdown by the Hong Kong government. In deciding not to revoke or suspend the carrier's...
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Boeing Whistleblower To Testify Wednesday
2019 Dec 10, 3:53pm | 423A retired Boeing Co (NYSE: BA) senior manager will testify Wednesday before Congress about concerns he said he expressed internally months ago about possible safety problems with the 737 Max aircraft — concerns he said went largely unheeded. Whistleblower Ed Pierson, who will testify...
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What To Know About Blue Origin's New Shepard Launch
2019 Dec 10, 2:58pm | 520Amazon.com (NASDAQ: AMZN) CEO Jeff Bezos' private spaceflight company Blue Origin is scheduled to launch experiments into space on its reusable New Shepard spacecraft on Wednesday after a weather delay that scrubbed a Tuesday liftoff. What To Know About The Mission The New Shepard will carry...
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US Airline Companies Shaking Up Their Infrastructure
2019 Dec 09, 1:22pm | 1166Jet Blue Appoints Two Vice Presidents, United Airlines Announces CEO, and American Airlines Introduces a Passport Scan Feature JetBlue Airways Corporation (NASDAQ: JBLU) is once again the subject of a possible merger speculation and by no other than Delta Air Lines (NYSE: DAL) who...
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Morgan Stanley Bullish On Virgin Galactic, Says Space Tourism Is Incubator For Hypersonic Travel
2019 Dec 09, 11:30am | 464Morgan Stanley started coverage of Virgin Galactic Holdings Inc (NYSE: SPCE) on Monday with a bullish stance, saying the company's space tourism efforts are an oven for cooking up the development of hypersonic travel. Virgin Galactic shares were blasting off Monday morning, gaining more than 10...
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Uber Shares Fall As Company Reports 6,000 Sexual Assaults In First Safety Release
2019 Dec 05, 11:40pm | 296Ridesharing company Uber Technologies Inc’s (NYSE: UBER) shares were down in after-hours trading on Thursday as the company released its first-ever safety report. What Happened Uber said that about 3,045 incidents of sexual assaults were reported on the 1.3 billion rides taken...
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NASA, SpaceX To Launch 'Robot Hotel'
2019 Dec 04, 7:35am | 532In space, no one can hear you scream about not having enough room to store your robots. But it’s still a problem. Until now. NASA and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s private space exploration company SpaceX on Wednesday will launch the 19th of the company’s commercial...
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Wintry Weather Disrupting Transportation In Northeast US
2019 Dec 02, 1:02pm | 974Mother Nature was not kind to parts of the U.S. Thanksgiving week, slamming parts of the West, Great Plains and Midwest with heavy snowfall and blizzard conditions. Now it's the Northeast's turn today and tonight, December 2. Drivers will need to chain up – check chain laws here for the latest...
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Twitter CEO To Africa: I Will Be Back
2019 Nov 28, 6:26am | 260Twitter Inc (NYSE: TWTR) Chief Executive Officer Jack Dorsey said on Wednesday that he is considering moving to Africa sometime next year. Dorsey, who also heads the payments company Square was bidding goodbye to the continent after spending some time in Ethiopia meeting the country’s...
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Thanksgiving Travel Affected As Three Storms Rage
2019 Nov 28, 5:30am | 389The travel plans of millions of Americans for Thanksgiving might be affected as three strong storm systems bring heavy snow, rain, and wind across the U.S. The western region will have more significant consequences around Thanksgiving, the National Weather Service warned on Wednesday. The...
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How Winter Storm Dorothy Could Chill Your Holiday Travel Plans
2019 Nov 27, 7:38am | 358A record number of Americans will hit the road for the Thanksgiving holiday, but Mother Nature won’t make it easy. Winter Storm Dorothy will bury states from Utah to Michigan between Monday night and Wednesday, the storm will bring more than a foot of snow in some areas. The weather has...
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Uber Trades Lower After Losing London License
2019 Nov 25, 7:47am | 263Uber Technologies Inc (NYSE: UBER) shares are trading lower after the Transport for London said the company has lost its licence to operate its private hire vehicles in London after authorities found that trips were taken with uninsured drivers. According to the regulator of taxi and private hire...